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11/18/2024
15 : 44
The Modern Private Equity Business was Invented in Beverly Hills in the 70s
Plus! Diff Jobs; Product Convergence; Musk v. Altman; The Bundle; Financing a Boom; Investor Protectionism The Modern Private Equity Business was Invented in Beverly Hills in the 70s By Byrne Hobart •
11/16/2024
17 : 4
Longreads + Open Thread
Replication, Gwern, Polostan, Druck, Prediction Markets, Selection Effects, Drexel Longreads + Open Thread By Byrne Hobart • 16 Nov 2024 View in browser View in browser Longreads Ever since Ioannidis,
11/11/2024
15 : 24
Rehabilitating Bubbles
Plus! Scaling; Deployment; Usage; The Arbitrage Cycle; Metrics Rehabilitating Bubbles By Byrne Hobart • 11 Nov 2024 View in browser View in browser In this issue: Rehabilitating Bubbles—Bubbles have a
11/9/2024
17 : 4
Longreads + Open Thread
Ballmer, Scalping, YouTube, Institutions, ChatGPT, Middlemen, Heresy Longreads + Open Thread By Byrne Hobart • 9 Nov 2024 View in browser View in browser Longreads Dan Luu argues that Steve Ballmer is
11/4/2024
17 : 14
Technologies as Cleverness Substitutes
Plus! Sin Taxes; Optionality; The Dow; The GPU Financing Ecosystem; AI Fragmentation Technologies as Cleverness Substitutes By Byrne Hobart • 4 Nov 2024 View in browser View in browser In this issue:
11/2/2024
17 : 14
Longreads + Open Thread
China, Defense, Hackers, Globalization, Language, Business Models, Funds Longreads + Open Thread By Byrne Hobart • 2 Nov 2024 View in browser View in browser Longreads Brian Potter on how China's
10/28/2024
17 : 24
Tools, Agents, Interfaces, and Synthetic Luck: AI Interaction Models
Plus! Lyft Got Fined For Telling the Truth and is Now Compelled to Lie to Drivers; Ozempic and Signaling; Wargaming and Pivots; Failure Modes; ESG, Etc.; Diff Jobs Tools, Agents, Interfaces, and
10/28/2024
17 : 14
Tools, Agents, Interfaces, and Synthetic Luck: AI Interaction Models
Plus! Lyft Got Fined For Telling the Truth and is Now Compelled to Lie to Drivers; Ozempic and Signaling; Wargaming and Pivots; Failure Modes; ESG, Etc.; Diff Jobs Tools, Agents, Interfaces, and
10/26/2024
17 : 14
Longreads + Open Thread
Schleps, Movies, Career Liquidity, Progress Studies, MVP, Locked Secured, Venture Scale, Prigozhin Longreads + Open Thread By Byrne Hobart • 26 Oct 2024 View in browser View in browser Today's
10/21/2024
17 : 14
Tokenomics, Revisited
Plus! AI and Education; Money Laundering; Agglomeration Economics; Threat Models; Universal Hardware; Diff Jobs Tokenomics, Revisited By Byrne Hobart • 21 Oct 2024 View in browser View in browser In
10/20/2024
8 : 54
Longreads + Open Thread
Lobbying, Pricing, Philosophy, Bayes, Culture, Games, Money, History Longreads + Open Thread By Byrne Hobart • 12 Oct 2024 View in browser View in browser Today's issue of The Diff is brought to
10/20/2024
7 : 14
Offshoring and AI Agents
Plus! Capital Structure; Designer Brands and Transaction Costs; SMBs; Top-Down Market Reform; Chosen Obligations Offshoring and AI Agents By Byrne Hobart • 14 Oct 2024 View in browser View in browser
10/20/2024
5 : 20
Longreads + Open Thread
Prediction Markets, Shoplifters, Palantir, AI, Sports Betting, Agency, Softbank, Polostan Longreads + Open Thread By Byrne Hobart • 19 Oct 2024 View in browser View in browser Longreads Finance twitter
10/7/2024
14 : 34
Money and Legitimacy
Plus! Moats; Big Tech Sees Like a State; Shifting Costs; Managing Macro; Experimentation Money and Legitimacy By Byrne Hobart • 7 Oct 2024 View in browser View in browser In this issue: Money and
10/5/2024
16 : 4
Longreads + Open Thread
Philosophy, North Korea, Doing the Reading, Ponzis, Accommodations, Careers, Competition, The Book, AI Longreads + Open Thread By Byrne Hobart • 5 Oct 2024 View in browser View in browser Today's
9/30/2024
14 : 24
Auto-Paternalism
Plus! Growth; AI Deployment; S-Curves and TV; Increasing the Asymptote; China Auto-Paternalism By Byrne Hobart • 30 Sept 2024 View in browser View in browser In this issue: Auto-Paternalism—One limit
9/28/2024
16 : 4
Longreads + Open Thread
Foresight, Meta, Money Laundering, UK, Lego, Treasury Bonds, Cult Stocks, Fake Money Longreads + Open Thread By Byrne Hobart • 28 Sept 2024 View in browser View in browser Today's issue of The Diff
9/23/2024
14 : 44
Look for Boring First
Plus! Moderation; ex-SBC; Platform Risk; Strategic Resources; Meta and AI Look for Boring First By Byrne Hobart • 23 Sept 2024 View in browser View in browser In this issue: Look for Boring First—
9/21/2024
16 : 14
Longreads + Open Thread
Shopify, Spam, Fintech, Oil, China, Revenue, Degrowth, Books Longreads + Open Thread By Byrne Hobart • 21 Sept 2024 View in browser View in browser Today's issue of The Diff is brought to you by
9/16/2024
13 : 54
Will The EU Choose to Compete?
Plus! Unit Economics; CoreWeave and Capital Structure Arbitrage; AI and the Distribution Problem; Markets and Narratives; Convergence; Diff Jobs Will The EU Choose to Compete? By Byrne Hobart • 16 Sept